The Economy, Penn State, and the SHC

Below is a news release from President Spanier regarding the university’s efforts to deal with the current economic situation. We are also working with the other undergraduate colleges to help students who are finding themselves with a shortfall for tuition payments. We know this is a difficult time for everyone and it would be easy for many to view education as a luxury to be deferred. We do not want to see that happen and will continue to do all we can to ensure that our students will be able to continue through completion of their degrees. Many donors have already stepped forward to provide us with additional scholarship funds to make this possible. If you are also able and willing to help, please do contact me and I will be happy to discuss further the needs currently facing our students.

Penn State President Graham Spanier has sent an open letter to the University community talking frankly about the economy and outlining how Penn State and its students and employees will be affected. In this brief video synopsis, the president addresses deep concerns about rising costs, job security, salary increases, construction projects on hold, things Penn State is doing to ease the burden on employees and students, and where additional help can be found. Read his full message at http://live.psu.edu/story/36755 online.